Natural Gas continues to hold on to its gains, trading at 3.483. Natural gas futures were higher on for the 6th straight day, with Northeast and Midwest forecasts calling for cool weather for later this week and next week driving the front contract to a new high for the year. Despite prospects for some early heating load, many traders and analysts remained skeptical of the upside with storage and production still at or near record highs. Concerns also are growing that as gas prices push well above $3 per mmBtu some utilities, which have been burning cheaper gas to generate power, could switch back to coal.

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